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Final Debate About to Start, Nikkei Down More Than 10 Percent
October 15, 2008 9:01 PM
HEMPSTEAD, N.Y. -- The benchmark Nikkei 225 stock average nose-dived a staggering 986 points, or 10 percent, to 8,562 Thursday, AP reports.
The Dow plunged 7.8 percent earlier today.
CBS' Bob Schieffer just came out to talk to the crowd here at Hofstra University.
Talk to you later on "Nightline," "Good Morning America," and here on the blog, of course.
- jpt
October 15, 2008 | Permalink | Share | User Comments (121)
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Posted by: Billw | Oct 16, 2008 12:30:36 PM
World, I want to know whether Sen. Obama's training of the ACORN organizers in the early 1990s included the techniques that ACORN used in intimidating and extorting the banks to lower their lending standards and practices. I want to know whether Sen. Obama was a party to any conspiracy to destroy our economy? Or was it just a coincidence?
THAT is why Sen. Obama's associations are so important.
A vote for Sen. Obama is a vote FOR Frank Marshall Davis (Sen. Obama's Communist mentor & father-figure from 1975-1979 -- when Sen. Obama was 14-18 years of age, the impressionable years.).
A vote for Sen. Obama is a vote FOR Saul Alinsky (a Communist under whose principles Sen. Obama studied).
A vote for Sen. Obama is a vote FOR the Rev. Dr. Jeremiah A. Wright, Jr. (a Black Liberation theologist who mentored and pastored Sen. Obama for 20 years).
A vote for Sen. Obama is a vote FOR Father Michael Pfleger (a radical who was Sen. Obama's spiritual advisor).
A vote for Sen. Obama is a vote FOR Bill Ayers and Bernardine Dohm Ayers (radicals who hold anti-America and anti-Capitalism views with whom Sen. Obama had a deeper relationship than he wishes to make known).
A vote AGAINST Sen. Obama is a vote AGAINST ALL of the above.
Posted by: LadySmith | Oct 16, 2008 7:55:09 PM
In politics it is generally not considered a good sign when voters are laughing at you, not with you. And by the end of the third and last presidential debate, the undecided voters who had gathered in Denver for Democratic pollster Stan Greenberg's focus group were "audibly snickering" at John McCain's grimaces, eye-bulging, and repeated references to "Joe the Plumber."
Posted by: dewde | Oct 16, 2008 3:08:35 PM
.
world:
"Barack Obama will fight for the citizens of our country. Mccain is just fighting mad."
For the sake of argument, let's say you are correct. Obama's free passes are enough to anger anyone (let alone McCain)on the side of fairness and decency. Obama won the first nine primarys against Clinton because his baggage re Wright didn't hit the news until after they were conducted. After that it was nip and tuck, and Clinton almost won anyway. Here's the problem with Obama:
He has friends and/or supporters who are radicals, terrorists, anti-Americans, crooks, racists, and crackpots, such as:
The Black Panthers
NAACP
Farrakhan
Hamas
Castro
Ortega
Chavez
Al Qaeda
Jane Fonda
Jesse Jackson
Michael Moore
Al Sharpton
Wright
Rezko
Ayers
Pfleger
Weathers
Muslim-American Society
However.. his base support is blacks, die-hard democrats, and the young who think he is hip and cool, and the above means nothing to them. Too bad.
.
Posted by: Billw | Oct 16, 2008 12:30:36 PM
World, I want to know whether Sen. Obama's training of the ACORN organizers in the early 1990s included the techniques that ACORN used in intimidating and extorting the banks to lower their lending standards and practices. I want to know whether Sen. Obama was a party to any conspiracy to destroy our economy? Or was it just a coincidence?
THAT is why Sen. Obama's associations are so important.
A vote for Sen. Obama is a vote FOR Frank Marshall Davis (Sen. Obama's Communist mentor & father-figure from 1975-1979 -- when Sen. Obama was 14-18 years of age, the impressionable years.).
A vote for Sen. Obama is a vote FOR Saul Alinsky (a Communist under whose principles Sen. Obama studied).
A vote for Sen. Obama is a vote FOR the Rev. Dr. Jeremiah A. Wright, Jr. (a Black Liberation theologist who mentored and pastored Sen. Obama for 20 years).
A vote for Sen. Obama is a vote FOR Father Michael Pfleger (a radical who was Sen. Obama's spiritual advisor).
A vote for Sen. Obama is a vote FOR Bill Ayers and Bernardine Dohm Ayers (radicals who hold anti-America and anti-Capitalism views with whom Sen. Obama had a deeper relationship than he wishes to make known).
A vote AGAINST Sen. Obama is a vote AGAINST ALL of the above.
Posted by: James Danley | Oct 16, 2008 10:49:51 AM
james danley,
sen. obama has explained,
he does not need to explain anything else about that., it seem expecially to you, you have the whole story, right you just told us.
so what else do you need to know?
it seems you have the whole scoop.
but you left out one bit, mccain involvement with acorn.
now go and investigate that.
and furthermore, since sen. mccain had those easy areas to "catch obama out"
and didn't take them, maybe mccain and co. have not done there research,maybe mccain does not know what you know about joe the plumber, and acorn.
or maybe mccain did not practice talking about the facts, he only came armed with attacks.
i thank mr. mccain for giving obama a chance to put those issure to rest.
but i am sure we will be a year into the obama presidency, the economy will began to be on an upswing, we will all be beginning to live better as we did during the clinton years, america will be back in the saddle again, and some will still be talking about joe the plumber, acorn, and bill ayers.
i wanted sen. clinton to be president,
she will not, i am still sticking with sen. clinton and voted for obama for president.
between obama and biden, and mccain and palin, i say god bless mccain and his military service to this country, and good luck to palin and her future aspirations. and i am now getting use to saying President Obama and vice president biden.
-------
even george bush is ready for president obama-little true story here.
george bush was in texas recently,
a lady asked him what he was going to do about this economic mess we have going on right now, mr bush said to the lady, i am working on it and in about four weeks i will have an answer for you.
(now many would have taken that answer tongue and cheek-but with bush, i think he was serious, i and many other american cannot wait to see the backside of bush. we are in the home stretch now. i hope i live to see him go up those steps on the plane, turn and wave for the last time.
our national nightmare will be over.
john mccain had bush to thank for his last failed run at the presidency, and he has him to thank for this one also.
when the dems asked mccain to join the dem. party-mccain should have said "yes"
maybe after this is over he will.
Posted by: world | Oct 16, 2008 10:20:17 AM
Sen. Obama gave Sen. McCain two huge openings last night and Sen. McCain just let them both pass without comment.
The first was when Sen. Obama was talking about Joe the plumber. Sen. Obama said, "Now, the conversation I had with Joe the plumber, what I essentially said to him was, 'Five years ago, when you were in a position to buy your business, you needed a tax cut then.'"
Sen McCain should have responded with something like: "Senator, Joe DID receive a tax cut in 2001 and 2003. In fact, all taxpayers received tax cuts under the Bush Administration."
Now then the second opening could have been the real "game changer" but Sen. McCain just let it slide. In commenting about ACORN, Sen. Obama said: "The only involvement I've had with ACORN was I represented them alongside the U.S. Justice Department in making Illinois implement a motor voter law that helped people get registered at DMVs."
Sen. McCain should have shot back with: "THAT IS AN ABSOLUTE LIE, SEN. OBAMA AND YOU KNOW IT. Madeline Talbott was one of the pioneers of ACORN. You trained her personal staff. You also conducted leadership-training seminars for ACORN's new organizers. Furthermore, you used to be the executive director of voter registration for ACORN's Chicago branch. Your involvment with ACORN is extensive. And you need to explain to the American people exactly what your training consisted of. Did your seminars include intimidation and extortion techniques? Was it your instruction that forced the banks to lower their lending standards? Oh! And while you were the executive director of voter registration did you encourage vote registration fraud? The American people need to know the whole truth about your involvement with ACORN, Senator!"
Posted by: James Danley | Oct 16, 2008 9:34:46 AM
Go play your nintendo, Surge.
Jake, can you follow up on Ohio's inaccurate voter registration? Seems Brunner is stonewalling the court's order to "fix" her lame system before Friday. I wonder if the Dems will pull another "screw the court" like Obama did in the Berg case. Imagine 200,000 registrations this year and when the Republicans ask for verification on thousands of bogus forms, Brunner blames the Reps for waiting so long to bring up the matter, instead of taking responsibility for her attempt to defraud voters in Ohio who don't want Obama by sliding through bogus Obama leaning registrations. Let's not forget one thing. If a state has same day registration and vote by absentee ballot, be assured there's fraud involved when the Democrat in charge screams that changing things now would disqualify all of their bogus Obama votes. Gee.
Posted by: Emm | Oct 16, 2008 9:32:19 AM
Concerned in Ohio,
Of course the "kill him" accusation has been debunked. I always suspected it would be. Don't hold your breathe expecting the media to disseminate this information widely or to alter their criticism of the McCain campaign just because the underlying "facts" turned out to be untruths.
The Secret Service has a vested interest in paying close attention to such threats. They were on the scene, and not only did they not hear this alleged threat, they coordinated an investigation with local law enforcement also on the scene and determined that the charge was false. This is solid proof in my book. And yet, folks will now fall all over themselves, if anyone dares to point out that the initial charges were wrong, to claim that what actually happened does not matter-- what might have happened, based on their interpretation of the atmosphere at the rally, is just as important. It's disturbing to see this attitude. Kind of like last night, when Obama basically said "John Lewis pushed things a little bit but basically he was right and I agree with him"-- not those exact words (just using quotation remarks to distinguish the idea I'm attributing to Obama from my own ideas here) but words to that effect.
Posted by: moderate | Oct 16, 2008 9:31:27 AM
Mara, I shake my head when I read some of your posts. You write persuasively, but you twist things and misstate things to make your points. That troubles me.
You wrote in your argument that McCain is just Bush redux: "the new John McCain has backed up Bush every step of the way - voted for torture - voted against the GI Bill - voted for almost everything George Bush wanted." What on earth? McCain never "voted for torture." In fact, one of his most public disputes with the Bush administration has been about Guantanamo and interrogating terror suspects. McCain takes that issue extremely seriously, not surprisingly, and he has spoken out loudly and often about it. That was one of the things that keep some conservatives from embracing him more enthusiastically. So I cnnot let that statement go unchallenged.
Yes, McCain voted against the latest GI Bill, but not because he does not support the troops and veterans with all his heart. He had issues with how the bill was structured -- the Democrats, mainly Jim Webb, structured the bill in a way that would force many long-term veterans' supporters like McCain to either take a principled stand or vote for something that was not, in their opinion, in the best interests of the military. McCain felt the restructuring of the benefits package would discourage reenlistment. Therefore he voted against that particular bill. Dems got a two-fer, as they wanted-- they could demonstrate support for veterans AND bash other supporters of veterans for not voting for this particular bill.
Posted by: moderate | Oct 16, 2008 9:16:47 AM
This site is boring
Posted by: The Surge | Oct 16, 2008 9:16:44 AM
"You cannot blame the current economic crisis on Obama." You can attribute the jittery nature of the brokers on the uncertainty of what an Obama administration would mean. The stock market has always been jittery and rumor prone but the monetary effect is real. Stocks continue to tumble as the third and final debate was a tie. I really don't like the idea of Middle Class Welfare. That is a mistake that will not be able to be undone.
Posted by: Fallon | Oct 16, 2008 9:04:51 AM
A while back, Rick Davis told us all that this campaign would be about personalities rather than issues. Unfortunately for McCain, the personality at issue has turned out to be his.
Posted by: Brooklyn Democrat | Oct 16, 2008 9:01:33 AM
Moderate, your point is "moderate" for a McCain supporter.
No outlandish smears about pedophiles and secret muslims and Ayers ghostwriting Obama's book.
It's the first pro-McCain post I have read in a long time that wasn't larded up with incendiary lies and innuendos.
I disagree with your take on the debate. I do think that McCain comes off as nasty
Posted by: blip | Oct 16, 2008 8:49:12 AM
Fallon...
You cannot blame the current economic crisis on Obama.
I actually know people who make their living buying and selling stocks and commodities...
They all admit that the market needs tighter regulation. They want better refs... so they can go back to playing aggressively.
Personally, I think it is a dumb way to make a living. But, I can see their point. In highly competetive situations, people will do anything possible to get an edge. If the refs don't set boundaries, they will go too far, because everyone will be going too far. It's a bad mentality. But that is what drives capitalism: competition.
Posted by: Blip | Oct 16, 2008 8:44:51 AM
After sleeping on the debate overnight, I woke up still comfortable that McCain did a stellar job and could not catch a break from the pundits. They were all convinced (gee, just like the Obama talking points) that the only way McCain could win was to have a "home run." Is this really how we want to run our politics? is this really how we want to choose our president? By treating discussions of the issues facing our country as a baseball game or a boxing match?
Look at the material presented by the two candidates to evaluate the debate. McCain has a stronger economic plan. He does not want to raise taxes on anyone in this tough economic time, including the job engines, small businesses. He wants to have a spending freeze. He supports nuclear power and offshore drilling. These are ideas we need going forward.
Obama harps on "tax cuts for 95%" even though that is not possible. What he includes in this figure is the 40% of us who do not pay any taxes-- he's going to send those people an earned income check, apparently, with some of that money he's collecting from those of us who do pay taxes. A welfare check is not a tax cut. And I have yet to have it adequately explained to me how he can repeal the bush tax cuts -- which of course did not go just to "the wealthy" but were across the board-- as he plans and that would not be a tax increase. He cannot name a single place where he will actually cut government spending-- seems clear that government spending will grow under his plans.
While I do not agree with McCain on a few key social issues, including abortion, I think he did a better job of connecting on these issues last night. He presented the antiabortion argument well and forced Obama to address his own record on abortion legislation (and Obama made statements that contradict earlier spins on this issue and contradict the reporting on this issue). He got the best of Obama on the issue of school vouchers (another issue I don't get worked up about).
Are people really listening? Or are they running things through their "I hate Bush; McCain is Bush" or their "Obama is a socialist" filter and coming away with their views unchanged by anything they heard?
Wish Schieffer had run all the debates. We needed more of them-- and remember, McCain tried to get more of them. Obama would not play along-- probably wise strategically but a shame for the voters. He'd rather make his points unchallenged by flooding the market with ads paid for by all that money he collected after opting out of public financing, going back on his pledge to accept it as all past candidates have done.
Posted by: moderate | Oct 16, 2008 8:40:29 AM
Stocks will continue to tumble, as investors are afraid that companies and assets will either be seized by the government or have to compete with the government on an uneven playing field in an Obama administration. Obama has proudly announced that the Middle Class will now be on welfare. Unbelievable. "So this is how democracy dies... with thunderous applause." Get used to the phrase, Middle Class Welfare.
Posted by: Correction | Oct 16, 2008 8:38:59 AM
Stocks will continue to tumble, as investors are afraid that companies and assets will either be seized by the government in an Obama administration. Obama has proudly announced that the Middle Class will now be on welfare. Unbelievable. "So this is how democracy dies... with thunderous applause."
Posted by: Fallon | Oct 16, 2008 8:36:02 AM
looks like palin has burned her bridge to nowhere in alaska,
the people in gov. up there are mad at her. those that she use to work well with in both parties, are upset with her because she has become so partisian.
It was revealed that people who would be going up to the gov. mansion on official business, would be greeted by todd-wearing his pj's and he would sit around and talk with people in his pj's.
I think it will be better for the whole country if the palins would just go back to alaska. and take care of family matters.
Posted by: world | Oct 16, 2008 7:56:07 AM
vs
IF ANY OF YOUR POST WAS TRUE WHY DIDNT MCCAIN SAY THAT TO THE PEOPLE IN THE DEBATE ???
WHY DIDNT HE PUT COUNTRY FIRST ND WARN THE PEOPLE OF THIS THREAT ??
GIVE ME A BREAK !
TRUTH WILL WIN THIS ELECTION SMEARS AND ATTACKS ARE ALL YOUVE GOT LEFT!
Posted by: Mike NC | Oct 16, 2008 6:11:59 AM
2006 John McCain to ACORN:
"You Are 'What Makes America Special"
Posted by: Mike NC | Oct 16, 2008 6:04:10 AM
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